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going back to the clinton tax rates, remember, the average american family has taken a hit. median income four years ago was $54,000 a year. it is about $50,000 a year now. this portion of the population has been squeezed. adding taxes on 90% will not be helpful. how much do you want folks to bear? freezing those tax rates for the overwhelming majority of americans is a smart thing to do. host: you said fight later on. guest: the fight would start the next day. we could do what i'm talking about, and negotiations could continue. doing what i'm talking about does not violate what either side is fighting over. they both say this is something we want to do. why not make sure we do not have some last-minute failure at the end of december. guest: what gives you confidence that democrats would agree later on? guest: this is where i disagree with some of my colleagues. they seem to think the american people are leveraged, and this is the democrats leverage. our leverage is in the spending and entitlement issues. the president and his negotiators are smart and able people. they know
going back to the clinton tax rates, remember, the average american family has taken a hit. median income four years ago was $54,000 a year. it is about $50,000 a year now. this portion of the population has been squeezed. adding taxes on 90% will not be helpful. how much do you want folks to bear? freezing those tax rates for the overwhelming majority of americans is a smart thing to do. host: you said fight later on. guest: the fight would start the next day. we could do what i'm talking...
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president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that created surpluses in the latter half of the clinton presidency. it's a more complicated picture. definitely there are folks who want tax increases but let's not gloss over president obama is talking about way higher taxes than we saw during the clinton era on the high earners. >> that's true. all right. want to talk about a party going on tonight. james, pretty good. there is a party going on, jack kemp foundation is having a party and marco rubio is speaking. paul ryan is speaking. they both want to have complete makeovers. you know -- marco rubio doesn't want to
president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that...
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and none other than william jefferson clinton playing. imagine the conversation out there on the links at andrews. >>> up next, we'll talk to the former senate majority leader who recently served as u.s. special envoy for middle east peace. was the leading peace negotiator for that region, former senator george mitchell will join us live on the other side of the break. we'll spend some time with him. >>> and record rainfall up and down the west coast. a live report from one northern california town, where the river is literally rushing through it. >>> money was the single most important factor in the election. >> a little bit later, former president jimmy carter said president obama's re-election win was his grandson's doing. we're dead serious. we'll tell you why, we're watching msnbc. the place for politics. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brush
and none other than william jefferson clinton playing. imagine the conversation out there on the links at andrews. >>> up next, we'll talk to the former senate majority leader who recently served as u.s. special envoy for middle east peace. was the leading peace negotiator for that region, former senator george mitchell will join us live on the other side of the break. we'll spend some time with him. >>> and record rainfall up and down the west coast. a live report from one...
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brought back to where they were under clinton. that's the catalyst that has to be brought home to republicans. they can make the deal whenever but they best make it now. if they make it late there will be hell to pay for all of us, including them. the people running the government. the politicians. good politicians don't take their countries off of cliffs. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>> thanks, chris. and thanks to you for tuning in. i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long and bitter battle over the budget officially ende
brought back to where they were under clinton. that's the catalyst that has to be brought home to republicans. they can make the deal whenever but they best make it now. if they make it late there will be hell to pay for all of us, including them. the people running the government. the politicians. good politicians don't take their countries off of cliffs. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>>...
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according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an international endorsement four years in advance of the iowa caucus. >> okay. new jersey governor chris christie is asking for 100% reimbursement from the federal government for the costs of emergency response the state faced in the wake of hurricane sandy. christie said in a letter to fema that the economic damage in his state could top $40 billion. he also plans to couple to washington to press his case later this week. both christie and new york governor andrew cuomo are asking for full compensation for their state's efforts. the white house is also expected to ask for more money. >>> and just one month after th
according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an...
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mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he posted it on his facebook. and she's in fact in that letter encouraging him to keep on fighting in the political website, saying that is new for clinton. do you think she's building support for a presidential campaign? >> i don't think she's building support to go on a nice long vacation. >> jennifer: i totally agree. >> which is probably what she's going to do, take a break while her team puts everything together. it's smart politics congratulating, and offering condolences to anyone who lost. i think it's pretty normal. i think it's usual that a candidate would put it up for the world to see but i think it's a smart t
mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he...
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just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the cliff. get off your high horse and talking points and get this. republicans just gave you revenues. return the offer. give them a spending road map. if they are going to raise the top rate close to 5% i say you slice the growth in entitlement spending by 2% now and more later. both parties agree to keep growth in all government spending. all of it to no more than 2% a year half the rate at which it is spiraling out of control. super hero fix six, slowly rage the eligibility from 65 to 67 exempting those who are 58 or older now to allow for this adjustment to be slowly worked in. nancy
just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the...
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he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of it, but but the reality is the repuican party has not come up with a rejoinder, a response to a, if ou will, a socialist redistributionist president who right now claims the field is on because there is no other standard flng over that field. there is a speaker of the house to is simply saying, this is not right. you know, we are not at the table and complainingbut not, not engaging. >> i think we have got to engage the argument. we cannot win the argument while acknowledging that an increase in tax rates would increase revenues and all. it will just today the top 1 percent are payi about 40 percent of the income tax. the top 25 percent are paying 87% of the income tax. it does not get any better than that. this is under the bush tax rates. you eliminate those tax rates and you will get le
he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of it, but but the reality is the repuican party has not come up with a rejoinder, a response to a, if ou will, a socialist redistributionist president who right now claims the field is on because...
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Dec 9, 2012
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everybody we have threats of government shutdown in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians are supposed to play politics, that is not a dirty word. >> the legendary "bloomberg view" columnist -- margaret carlson. >> i had this plan for a couple weeks -- i thought, this could happen. when you said you cannot get people in the corner as the president has with the tax increase on the wealthy -- here is the plan. on december 31, the bush tax cuts expire. after you have your champagne and your funny hats on, on january 1 at 12:01 a.m., there is a middle-class tax cut and the top rate is 39.6%, then they are cut to 37%,
everybody we have threats of government shutdown in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you...
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he worked as chief of staff in the clinton white house on the domestic policy council. he was the chief officer of the progressive policy institute. i want to remind you of a piece that came out before the election. people will clamor him to pursue a grand bargain. you can respond to any or all of that. guest: paul krugman is not a fan. i wish he would sit down with them and go into more details. there are some things he may not be aware of. on taxes, we'd do lower rates. this seems to be a problem for some people to grasp. how can you lower rates will we need more revenue? you do that by broadening the base. economists, a lot of them disagreed on the positive impact of simplifying the tax code or tax reform. most agree there is some evidence. we have some studies based on the 1986 tax reform plan. that impacted gdp in a positive way by about one percentage point. there is no consensus, but there is a general understanding there is a benefit. anyone who has done their taxes can understand this. the time alone to do your taxes, even with the great software, we have 70% o
he worked as chief of staff in the clinton white house on the domestic policy council. he was the chief officer of the progressive policy institute. i want to remind you of a piece that came out before the election. people will clamor him to pursue a grand bargain. you can respond to any or all of that. guest: paul krugman is not a fan. i wish he would sit down with them and go into more details. there are some things he may not be aware of. on taxes, we'd do lower rates. this seems to be a...
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it's not a coincidence that the president was golfing with bill clinton this sudden. that is as much the president likes golf as much as an effort to say, here i am with the great dealmaker, the reasonable guy that everybody likes, regardless of whether clinton's actually giving him any advice on this although i'm sure he is. >> if you look back to the health care debate obama tried to appear reasonable last time and that didn't work well for him. what he's doing now is all the things he didn't do last time. starting with the unreasonable position, with what he wants rather than what he thinks he'll get which is a better bargaining position. he's going out and trying to get people to pick up the phone, take up, you know, twitter and facebook and tell congress we want to get this done. so he's doing a lot of the things from a negotiating standpoint that he didn't do last it time around, while still, you know, kind of queuing up the blame game as both sides are doing to make sure that other guy takes the fall if it doesn't work. >> and i think to eric's point, this is w
it's not a coincidence that the president was golfing with bill clinton this sudden. that is as much the president likes golf as much as an effort to say, here i am with the great dealmaker, the reasonable guy that everybody likes, regardless of whether clinton's actually giving him any advice on this although i'm sure he is. >> if you look back to the health care debate obama tried to appear reasonable last time and that didn't work well for him. what he's doing now is all the things he...
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. >> james, you are super, but if you give the democrats the great clinton tax rates you have to get the spending rate to g.d.p. at the same time. >> you are right. we will see. >> ruth from tell. >> i am in agreement with the fiscal cliff, you are my hero. we. >> robert, e-mail, perfect solution, again you nailed it, neil. >> jay from arizona, to the super hero i am glad someone is coming to the aid of the country. if you want do be a super hero you may want to turn your tall ends to educate the people on economics of country. >> that is what i do as a mortal on this follow show and on fox business network each day, jay every day, without a super her overoutfit. >> and i often watch with my dad and i think you are funny but i wonder, was he an odd kid? you seem like you would have done some odd things? >> well, if you call always worrying about the planet trying to say that the odds, well, guilty. >> kathy from hotmail, i love you, not in a romantic we because you saw it as it is. why not run for budget? i was too busy being a super hero, leaving mere mortals to lead. >> from north
. >> james, you are super, but if you give the democrats the great clinton tax rates you have to get the spending rate to g.d.p. at the same time. >> you are right. we will see. >> ruth from tell. >> i am in agreement with the fiscal cliff, you are my hero. we. >> robert, e-mail, perfect solution, again you nailed it, neil. >> jay from arizona, to the super hero i am glad someone is coming to the aid of the country. if you want do be a super hero you may want...
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then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer fact he got knocked down twice and twice he was defeated i don't know why these guys represent anybody but anyhow they said panetta burns because leon panetta used to be a clinton staffer and burns was a republican senator westerners a republican senator so they said well what do you think of the panetta burns strategy twenty five percent of americans support that thirty nine percent support simpson bowles doesn't this tell us something about the whole lane and americans are and how they want to agree with that nice fellow who's asking the question you think you think that was i want to look smart i think if the issue is that they want to look smart they want to look like they're in the know yes i can remember going there is nothing about this a lot of people are busy raising kids watching t.v. working and they want to participate in politics and they go no i can't agree with you and as a result of thirty five years or greater nomics both people the family are working they're
then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer fact he got knocked down twice and twice he was defeated i don't know why these guys represent anybody but anyhow they said panetta burns because leon panetta used to be a clinton staffer and burns was a republican senator westerners a republican senator so they said well what do you think of the panetta burns strategy twenty five percent of americans support that thirty nine...
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. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counterfers dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal liff. i think that the speaker has indicated that he will try to engage in, t to meet him and try to avoid the fiscal cleft that the presiient is gng to continue to say it is my way or the highway, that is another game. gei: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks
. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right...
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karen, you worked with secretary of state clinton before. and she has been certainly trying to push the ball forward on this. when we talk about the balance between domestic priorities and international priorities, the sort of the party line is, look in a time of economic calamity, americans are focused on what's happening at home and not on the global stage. that complicates our efforts to intervene abroad. >> hillary has been outspoken and well spoken about why it matters to us at home, in part because of our moral leadership in the world. that's part of what was tragic about the vote that happened yesterday in the senate with the u.n. treaty on people with disabilities. america has this opportunity to lead, we hear the republicans talking about why aren't we leading more and more with our moral leadership, by saying human rights are important and you have someone like secretary clinton out there talking about it, talking about rights of women and girls everywhere she goes in a way we've never seen or heard before, so i think there's a lot
karen, you worked with secretary of state clinton before. and she has been certainly trying to push the ball forward on this. when we talk about the balance between domestic priorities and international priorities, the sort of the party line is, look in a time of economic calamity, americans are focused on what's happening at home and not on the global stage. that complicates our efforts to intervene abroad. >> hillary has been outspoken and well spoken about why it matters to us at home,...
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try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me. you made a note in your morning note that we are stuck this in range until we get progress. >> look where we are, between 1400 on the downside you can and 1420 the upside. today, done absolutely nothing, at 1404, 1406 all day, not a lot of action, not a lot of activity at all. people just in this wait and see mode, right? more chatter out of washington. i think a lot of people expecting the interview with the president, hear what he had to same the market got weaker after spoke. >> down 18 point on the trading session now the volume disturbing now, because there is none. >> that just tells that you investors ar
try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me....
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, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity rating that we have ever in "the washington post"/abc poll measured her and almost six in ten, 57% of americans, this isn't democrats, this is the american public broadly, want her to run for president in 2016. now, i would say, if she becomes a candidate, i think -- inevitably she'll be seen much more in that partisan atmosphere, some of her stratospheric numbers will drop down. i would say she has been skeptical very skeptical of running. if you look at these numbers if you have any interest of being the president of the united states this may be a hard race to say no to. >> i think the rest of the political world knows what is likely to happen. chris cizilla, thank you very much. susan page, always great to see you. >> coming up the fiscal fight continuing. he split with his party on taxes. what is republican tomb cole saying now? first as john boehner look lights the capi
, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity rating that we have ever in "the washington post"/abc poll measured her and almost six in ten, 57% of americans, this isn't democrats, this is the american public broadly, want her to run for president in 2016. now, i would say, if she becomes a candidate, i think -- inevitably she'll be seen much more in...
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there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might ask? here appearance at the annual conference on middle east policy that took place in washington friday night. more than 10 minute video tribute. secretary clinton was praised by political rivals from senator onmccain and the president and by other world leaders. >> someone who knows a thing or two about political comebacks, i don't think we've heard the last of hillary clinton. ♪ girl you're amazing just the way you are ♪ >> i just have an instinct that the best is yet to come. >> i prepared some remarks for tonight, but then i thought maybe we could just watch that video a few more times. and then the next time i could count the hairstyles, which is one of my favorite past times. >> joining me now is ken vogel. you heard bibi netanyahu say he has an instinct the best is yet to come. what would be better perhaps some say than seeing hillary clinton run for president? >> indeed. that's what a lot of her supporters want. they are actually l
there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might ask? here appearance at the annual conference on middle east policy that took place in washington friday night. more than 10 minute video tribute. secretary clinton was praised by political rivals from senator onmccain and the president and by other world leaders. >> someone who knows a thing or two about political comebacks, i don't think we've heard the last of hillary...
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the latest abc news/"washington post" poll shows 57% would vote for clinton in a 2016 presidential bid. >>> turning now to news overseas. all eyes are on two tense situations developing by the hour that could have serious implications for the united states. in syria, with the assad regime growing increasingly desperate, intelligence reports indicate that a chemical attack against his own people could be imminent. even russia, syria's most powerful ally, is alarmed. their foreign minister met yesterday with secretary clinton, discussing the possibility of a syria without assad in power. this morning, rebels have declared damascus's airport a military target, warning civilians and airlines not to approach it. >>> and in egypt, tanks and barbed wire barricades returned to the streets of cairo as deadly protests raged outside the presidential palace. egyptian president mohamed morsi is calling for a national dialogue but is resolute about his controversial constitution. nbc's ayman mohyeldin is joining us live from cairo monitoring the situation. let's start with egypt. how much more troub
the latest abc news/"washington post" poll shows 57% would vote for clinton in a 2016 presidential bid. >>> turning now to news overseas. all eyes are on two tense situations developing by the hour that could have serious implications for the united states. in syria, with the assad regime growing increasingly desperate, intelligence reports indicate that a chemical attack against his own people could be imminent. even russia, syria's most powerful ally, is alarmed. their...
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this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net re
this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who...
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clinton 95 of them. isn't this destined for the supreme court? if you have the legislative branch and the executive branch disagreeing, then you need the third arbiter here. >> reporter: yes, but sometimes the third arbiter says, this is strictly a political question. it's not really for us to decide it. so i don't know how it will come out. the courts may decide. the tactics being used to challenge the president's recess authority. what's happening is the business groups with the backing of the chamber of commerce are criticizing decisions made by the national labor relations board. >> right. >> because kaat the same time t president put three members on the mlrb. that's how they're attacking the recess power. >> all right. pete williams, this should be interesting. >> reporter: you bet. >> we'll see if they punt, i'd rather see this go to the supreme court. that's what the constitution is for. >> reporter: from a journalistic point of view. >> you love it when the constitution is used. >> reporter: absolutely. >>> the opening bell rang just rig
clinton 95 of them. isn't this destined for the supreme court? if you have the legislative branch and the executive branch disagreeing, then you need the third arbiter here. >> reporter: yes, but sometimes the third arbiter says, this is strictly a political question. it's not really for us to decide it. so i don't know how it will come out. the courts may decide. the tactics being used to challenge the president's recess authority. what's happening is the business groups with the backing...
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Dec 7, 2012
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and secretary clinton moves widely throughout the region, as does secretary panetta. and the amount of activities that i do and my forces do have been a prompt jump of what we've done in the past, and we're looking for opportunities to do more exercise. we are doing more of those things already. and i think it's visible to our allies, i think it's visible to our partners, visible to the region. we often want to jump to the, well, where's the next submarine or aircraft carrier, and that's always the signal. and we will over time, as you've heard secretary panetta say, we will rebalance our navy towards the pacific. and we'll -- i've already mentioned in my opening remarks, we're rapidly moving our most capable assets into the region because of some the ballistic missile defense threats we face and those types of things. so i think it's not about one thing, it's about a holistic approach. and what i do on the military side is only one aspect of it. it's got to be tied to what's happening in the economic side and what's happening in the diplomatic side. and so we're work
and secretary clinton moves widely throughout the region, as does secretary panetta. and the amount of activities that i do and my forces do have been a prompt jump of what we've done in the past, and we're looking for opportunities to do more exercise. we are doing more of those things already. and i think it's visible to our allies, i think it's visible to our partners, visible to the region. we often want to jump to the, well, where's the next submarine or aircraft carrier, and that's always...
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Dec 5, 2012
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on january 1 we go back to the clinton tax rates on everybody. number two, there's the beginning of a process of $1.2 trillion in spending cuts from the -- half from the pentagon and half from domestic spending. it would be gradual. so if we got to january 1 with nothing done, congress would still have time to act in both areas before the impact of those policies took effect. host: if congress disagree -- if investors start to doubt a deal could be reached, the consequences could prove to be severe and difficult to reverse. causing consumers and businesses to retrench, dampening investment. a genie you could not put back in the bottle. guest: i think there is some basis for that. what's happened in congress, it's been dysfunctional, is that we are doing things not by steady negotiations but by super brinksmanship. that's what happened in the debt ceiling fight last august. that's what happened in the budget debate in december of 2011. when we went right up to the midnight hour to determine whether we were going to keep the lights on in government
on january 1 we go back to the clinton tax rates on everybody. number two, there's the beginning of a process of $1.2 trillion in spending cuts from the -- half from the pentagon and half from domestic spending. it would be gradual. so if we got to january 1 with nothing done, congress would still have time to act in both areas before the impact of those policies took effect. host: if congress disagree -- if investors start to doubt a deal could be reached, the consequences could prove to be...
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Dec 7, 2012
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secretary of state hillary clinton says that the u.s. stands by the syrian people and not president assad. >> the united states stands with the syrian people in insisting that any transition process result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> meanwhile, senator john mccain has said that the u.s. needs to take action. >> we do know absolutely that these weapons have been readied for use by bashar assad's aircraft. we urge the president of the united states to make whatever military preparations are necessary. >> joining me now, joel ruben. thank you for joining me. have they already crossed the red line that the president put out for intervention? should the u.s. intervene, as senator mccain is asking for? >> the situation in syria is something we've never seen before. we have a country collapsing and this country has significant weapons of mass destruction. syria has not signed a chemical weapons convention. they have not, however, moved to use thes
secretary of state hillary clinton says that the u.s. stands by the syrian people and not president assad. >> the united states stands with the syrian people in insisting that any transition process result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> meanwhile, senator john mccain has said that the u.s. needs to take action. >> we do know absolutely that these weapons have been readied for use by...
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. >>> earlier today secretary of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her if she ran but what chatter are you hearing around the white house about that? >> reporter: democratic sources tell me the secretary of state just hasn't decided yet. she's still in the process of mulling over this decision. having said that, they also tell me that the political operation is doing what they need to do to preserve the right to run if that's what she decides to do in 2016. that's playing out behind the scenes. publicly we've seen this unfold for quite some time. her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for presid
. >>> earlier today secretary of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her...
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Dec 2, 2012
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we go back to the clinton tax rates. and we make significant cuts to the deficit and they say, hey, they did something substantial about the major financial problem that's facing this country. >> what about the entitlements issue? the president's plan calls for $1.6 trillion in tax increases in ten years. $400 billion in entitlement cuts without being specific. are you worried that republicans will have to own the push to make cuts to medicare and medicaid and capping mortgage interest deductions? >> ultimately for republicans the best thing is to get some bipartisan agreement on cutting entitlements. they are disadvantaged on that issue right now. but entitlements are where the money is. you have to look at medicare and medicaid in terms of finding savings. it doesn't get meaningful until you look at those programs combined with revenue. >> can i ask you, is the government capable of spending less money than it takes in? can they generate a surplus in these times. >> they did it during bill clinton. >> that was a couple
we go back to the clinton tax rates. and we make significant cuts to the deficit and they say, hey, they did something substantial about the major financial problem that's facing this country. >> what about the entitlements issue? the president's plan calls for $1.6 trillion in tax increases in ten years. $400 billion in entitlement cuts without being specific. are you worried that republicans will have to own the push to make cuts to medicare and medicaid and capping mortgage interest...
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Dec 4, 2012
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president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given that both sides know where they need to move, why the games? >> well, it's not clear that both sides know. the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's n
president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given...
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Dec 4, 2012
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he says representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average american family has taken a terrific hit. the median household income for years ago when the president became the president was around $54,000 a year and is about 50 now. so this portion of the population which is gotten squeezed tremendously i don't think adding an extra tax at the 98 percent is going to, number one, be very helpful to the more helpful to the economic growth. number two it's how much you want the folks to pay? so again, freezing those tax rates with an overwhelming majority of americans is a smart thing to do, we ought to do it and both sides say they want to. >> host: and you said ea
he says representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average...
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Dec 6, 2012
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a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a specific, explicit plan that would limit those tax benefits for high- income households that's been examined by the joint committee on taxation, which is the official referee for these issues in congress. that plan, though, doesn't raise the revenue that you need. so out of the president's $1.6 trillion, $950 billion comes from decoupling. decoupling is the high-income rates going away, the middle- class tax cuts becoming permanent. that gets you $950 billion of revenue. the question is could you plausibly replace that revenue just by limiting tax expenditures. there have been lots of different ideas out
a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a...
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Dec 8, 2012
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federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a majority of the vote nurse 2008. having taken that case, the court could get to the bedrock issue. can any state refuse to let same sex couples get married under the federal constitution. it could potentially be narrow or very far. >> pete, as i understand it, let me ask you. this one of these things, maybe the driving one, is defense of marriage act was about paying the estate act. where one of the two people said she didn't have to pay the estate tax because a married couple wouldn't have to. >> reporter: this is a case from new york. a woman named edie win
federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a...
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Dec 7, 2012
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we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i think tom colts
we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight...
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. they don't represent the views of the moody's corporation. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. -- an issue fairly soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear h
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. they don't represent the views of the moody's corporation. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue...
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Dec 4, 2012
12/12
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japan and china are having to square off about five uninhabited islands, and hillary clinton just received a confidential report that involves steve hadley, joe nye, and another one i can't quite recall for a moment, who said this could slip into a war. this could slip in the hot conflict. we need to be prepared under article v of the peace treaty, the united states is obligated not necessarily to run to japan's defense but to consult with japan. now have to decide what consultants in particular. but you have had enough time. china is boycotting japan and form across a lot of sectors. i'd love to get a sense of what you think china's game plan is both regionally and internationally. japan has been, you've been there right next to china for a long time and you've been poking each other back and forth for a long time. to let me teach her quick snapshot issue of how you seek china's direction. >> i think this is, i think this is not a short time phenomenon. from the viewpoint, china on the island, diplomatic issue, this program with china, they started to claim the island in 1971 after the un
japan and china are having to square off about five uninhabited islands, and hillary clinton just received a confidential report that involves steve hadley, joe nye, and another one i can't quite recall for a moment, who said this could slip into a war. this could slip in the hot conflict. we need to be prepared under article v of the peace treaty, the united states is obligated not necessarily to run to japan's defense but to consult with japan. now have to decide what consultants in...
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Dec 9, 2012
12/12
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hillary clinton has said she is not running. >> hillary clinton has said she is not running. when the mike is put in front of them, the red lights, things change quickly. >>gregg: gentleman, i have to call it quits for our political insiders. thank you so much, gentleman. more of our political insiders each monday at 10:30 a.m., eastern. they will be back here, of course, next sunday, same time, same channel. >>heather: coming up, an american doctor abducted by the taliban is saved in a daring rescue by united states forces. the doctor endure add grueling ordeal for five days. coming up, colonel oliver north how the mission went down. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. >>gregg: we are lending more of the dramat
hillary clinton has said she is not running. >> hillary clinton has said she is not running. when the mike is put in front of them, the red lights, things change quickly. >>gregg: gentleman, i have to call it quits for our political insiders. thank you so much, gentleman. more of our political insiders each monday at 10:30 a.m., eastern. they will be back here, of course, next sunday, same time, same channel. >>heather: coming up, an american doctor abducted by the taliban is...